- Cumulus denies it but now iHeart actually talks about it – this is some scary s@#t.
- iHeart’s latest move to try and sucker investors into buying investments in a subsidiary group – with no protection to them. Details.
- Actual wording of how investors will get screwed hoping you won’t read this.
- Which prestigious Wall Street firm has called iHeart the junk bonds of junk bonds.
- The new debt for equity stock got this many takers on day one.
- It’s not whether but when – Wall Street money people revised their timetable for a Chapter 11 filing.
Read the full article now.
Weigh in on who you think are the Best & Worst Radio groups. One vote per member. It’s anonymous (Witness Protection Program). Results will be revealed soon to Inside Music Media members. Vote here.
Free samples of our work here.
Talk to Jerry privately here.
See a complete list of my previous stories here
- Townsquare's Rescue Plan
- The Surprise Entercom/CBS Spin-off Buyer
- Less than 2 Months Cash Left at iHeart
- Crackdown on Cumulus Market Managers
- iHeart -- Low on Operational Cash
- Entercom-CBS DOJ Desperation
- Cumulus Cutting Employees’ Pay
- The Acquisition Entercom Does After the CBS Merger
- iHeart Concert Revenue in Jeopardy
- Debt Holders Not Buying Cumulus Turnaround